Major rejig of Swedish premium pension could see up to €10bn passed to AP7
Westberg’s report concludes AP7’s default product meets requirements that should be set for a state payout product, while Swedish Pensions Agency’s traditional insurance doesn’t
People moves: Edmond de Rothschild AM picks new global CIO
Alain Krief has been promoted to global CIO for Edmond de Rothschild AM and joins the firm’s executive committee
German unions push employers to back mandatory workplace pensions
Unions press employers and government to expand occupational pension coverage and introduce mandatory participation across workforce
Dow Chemical pension fund prepares for €2bn+ Dutch buyout
The potential transaction would be the Netherlands’ second-largest pension buyout, after Delta Lloyd’s €3bn deal with Zwitserleven
Amundi set for earnings boost from Victory Capital-First Eagle deal
Amundi expects its Victory Capital stake to deliver earnings benefits from the $7bn First Eagle acquisition
Norway’s KLP ‘harmed competition’ by persuading councils not to tender pensions
Norwegian NOK1trn institution makes list of binding commitments to satisfy Competition Authority after four-year probe
Investment industry calls for clarity on EU due diligence rules
Norges Bank Investment Management and Principles for Responsible Investment urge EU to align due diligence guidance globally
Finland explores €300 newborn investment scheme
A proposed €300 investment for every newborn aims to boost financial literacy, ownership and long-term saving
Geneva pension fund faces court battle over investment disclosure
Investigative group WAV is taking legal action against CPEG over its refusal to disclose investment holdings
Standard Life targets large DB schemes with £2bn pension risk transfer backing
Fresh capital backing will support competition for the UK’s largest pension risk transfer deals
People moves: Finland’s State Pension Fund former CEO joins Harvard Kennedy School
Plus: German multinational engineering company Bosch appoints new director of corporate pensions
Equity weightings surge at Finnish pension funds, with more buying planned
As reform takes effect, Finland’s occupational pension providers have already taken advantage of new leeway to boost risk
German corporate pension funding hits record 90.8%
Improved funding and resilient markets are giving German corporates greater scope to reduce pension risks and secure obligations
Netherlands could mandate pension saving for all, but design is key, academics warn
Experts Casper van Ewijk and Erik Lutjens scrutinise practicalities of realising Dutch political plans for self-employment pensions, and extending coverage to everyone
French fund selects managers for €1.6bn private market allocation
French public-sector pension scheme ERAFP has awarded nine mandates covering private equity and infrastructure investments worth €1.6bn
BlackRock loses more Dutch pensions business as Recreatie fund picks Cardano
ESG controversies surrounding BlackRock did not work in US asset manager giant’s favour, but ‘were not decisive’, says Dutch pension fund
Danish pensions lobby insists EIOPA needs mandate to care about Europe’s competitiveness
EIOPA chair Petra Hielkema dismissed idea of competitiveness mandate as ‘largely symbolic’
Tangen warns Norwegians to prepare mentally for SWF wipe-out
As GPFG posts 9.4% first-half gain, NBIM CEO focuses keynote speech at national debating event on doomsday scenario
DWS to manage share of Frankfurter Leben alternatives after Athora Germany takeover
Following takeover, DWS will manage share of alternatives amounting to 20-25% of €17bn assets under management
Asset owner-manager link a ‘critical choke point’ for climate action – LSE
CA100+ shows scale alone cannot drive corporate decarbonisation when asset-owner mandates still prioritise short-term returns, new LSE research concludes
Academics push Publica to reinforce responsible investment policy
AVETH is asking Publica to define a ‘firm, non-negotiable requirement’ for its climate-efficient equity index
People moves: Kazemian appointed as head of risk transfer at ZEDRA
Plus: UK’s Railways Pension Scheme adds trustee directors
Dutch pension fund Mediahuis NL sticks with active management despite rising cost
‘We are convinced it yields better long-term returns,’ pension fund says
‘Considerable’ progress on consolidation in Ireland expected this year
As at 1 July 2026, 93% of occupational scheme assets were held in master trusts or single employer pension funds that plan to continue as standalone schemes
Berlin’s prosecutor investigates former dental pension fund officials for embezzlement
According to reports, 18 individuals, including former members of VZB’s management and supervisory committees, are accused of embezzling more than €230m
TNFD calls for stronger due diligence on environmental crime
TNFD is encouraging investors to treat environmental crime as a financial risk requiring better data, due diligence and stewardship
Swedish FTN challenge delays €18bn equities award to global asset managers
FTN says Indecap Fonder’s call for EU ruling may prolong proceedings, as Colombia Threadneedle, Fidelity and JP Morgan AM continue long wait for mandate implementation
Cambridge University launches long-awaited green index
The University of Cambridge and Bloomberg have unveiled what they claim to be “the first fixed-income index to exclude companies involved in, or financing the development of fossil fuels”.
TPT launches CDC modelling capability ahead of multi-employer scheme
The launch comes as TPT prepares to bring its multi-employer CDC scheme to market
Dutch multi-sector scheme bucks trend by increasing US private equity exposures
PNO Media plans to boost US weighting in private equity portfolio and real estate
PGGM anchors €1.1bn Polish commercial real estate credit risk deal
PPGM entered into a credit risk sharing transaction with mBank
Aon to introduce whole-life multi-employer CDC section to its master trust
Until now, only TPT Retirement had confirmed plans to launch multi-employer CDC
People moves: Allianz and Günther Thallinger part company
Allianz, Anthos, Huisartsen, Pensjonskasseforeningen, Ocean Conservation Trust
Greece to expand second-pillar pension provision
The changes are intended to give easier access to retirement saving, improve portability and streamline the tax framework
Aon launches Future DB to support schemes’ endgame preparation
Sixty-three per cent of schemes have reached, or expect to reach, their target funding level within five years
ÄVWL appoints Lutz Horstick as new CIO
Horstick will also becomea member of the executive management team from 1 August
Elementis Group pension fund completes £300m buy-in with Aviva
The transaction secures the benefits of 4,500 members of the scheme
Multi-employer CDC enters new phase as industry warns execution will be key
The multi-employer collective defined contribution regulations went live on 21 July
Hickson Group’s pension fund completes £208m bulk purchase annuity transaction
The transaction, completed with Royal London, secures the benefits of more than 1,250 members of the scheme
People moves: TPT Retirement Solutions picks business development manager
Plus: Aptia names actuary director; T Rowe Price names ETFs head
Diverging 2025 pension fund returns expose impact of asset allocation
‘Jurisdictions with higher equity exposure benefited more from the strong performance of global equity markets,’ says OECD in preliminary report
Northern Trust Asset Management loses £120m mandate to Amundi
Latest asset owner switches managers over climate pullback
Aston Martin pension fund speeds through £180m full buy-in with Aviva
The transaction secures the benefits of 540 pensioners and 1,050 deferred members
PPF consults on updated DB scheme valuation assumptions
The consultation follows a review of bulk annuity market pricing, which found pricing had become more competitive since the PPF’s last detailed review
WTW to streamline longevity swap access for smaller schemes
Also: Isio sees growth of PenUltimate Micro solution for smaller pension funds
BlackRock expands institutional offering with PCG Impact partnership
Growing pension fund demand is driving a new institutional impact investing collaboration with PCG Impact, says BlackRock
Pension funds come together to launch £1bn initiative to back UK scale ups
Railpen, NEST, Border to Coast and British Business Bank are exploring a £1bn fund to expand growth capital for UK science and technology businesses
PGIM expands direct lending platform with Deerpath buyout
Deal brings Deerpath fully into PGIM, expanding direct lending capabilities across lower, middle and large-cap markets
Global private equity deal count plummets to twenty-one quarter low
KPMG report says mid-year global PE exit volume was ‘incredibly soft’ at 1,315, marking the lowest exit pace in over a decade
PME halves equity risk in run-up to January DC transition
Dutch €64bn pension fund opts to reduce exposure to shares via physical sell-off combined with futures – cheaper than put options used by smaller funds
